Ero Copper (ERO) Stock Price, News & Analysis $13.54 +0.82 (+6.45%) (As of 12/8/2023 ET) Add Compare Share Share Today's Range$12.63▼$13.5850-Day Range$11.63▼$16.3952-Week Range$11.35▼$24.38Volume305,304 shsAverage Volume383,034 shsMarket Capitalization$1.39 billionP/E Ratio15.93Dividend YieldN/APrice Target$24.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial Media Ero Copper MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside77.3% Upside$24.00 Price TargetShort InterestHealthy1.28% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth74.42%From $0.86 to $1.50 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.23 out of 5 starsBasic Materials Sector57th out of 166 stocksPrivate Households Industry1st out of 4 stocks 3.0 Analyst's Opinion Consensus RatingEro Copper has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $24.00, Ero Copper has a forecasted upside of 77.3% from its current price of $13.54.Amount of Analyst CoverageEro Copper has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.28% of the float of Ero Copper has been sold short.Short Interest Ratio / Days to CoverEro Copper has a short interest ratio ("days to cover") of 4.1.Change versus previous monthShort interest in Ero Copper has recently decreased by 53.12%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldEro Copper does not currently pay a dividend.Dividend GrowthEro Copper does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ERO. Previous Next 0.0 News and Social Media Coverage Search InterestOnly 1 people have searched for ERO on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Ero Copper to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ero Copper insiders have not sold or bought any company stock.Percentage Held by Institutions52.86% of the stock of Ero Copper is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Ero Copper are expected to grow by 74.42% in the coming year, from $0.86 to $1.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ero Copper is 15.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 109.12.Price to Earnings Ratio vs. SectorThe P/E ratio of Ero Copper is 15.93, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 89.15.Price to Book Value per Share RatioEro Copper has a P/B Ratio of 2.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ero Copper Stock (NYSE:ERO)Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil. The company engages in the production and sale of copper concentrate from the Caraíba operations, located within the Curaçá Valley, northeastern Bahia state, as well as gold and silver by-products. It also holds a 99.6% interest in the Tucumã project, a copper development project located within southeastern Pará state; and holds a 97.6% interest in the Xavantina Operations located in Mato Grosso state. Ero Copper Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.Read More ERO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ERO Stock News HeadlinesDecember 2, 2023 | americanbankingnews.comQ4 2023 Earnings Estimate for Ero Copper Corp. Issued By Raymond James (NYSE:ERO)November 30, 2023 | americanbankingnews.comFY2023 EPS Estimates for Ero Copper Corp. (NYSE:ERO) Cut by AnalystDecember 10, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 11, 2023 | morningstar.comEro Copper Corp ERONovember 11, 2023 | seekingalpha.comEro Copper: The Returns Could Be Staggering If Gold Soars (Rating Upgrade)November 2, 2023 | msn.comEro Copper Non-GAAP EPS of $0.18, revenue of $105.2M misses by $3.58MNovember 1, 2023 | finance.yahoo.comEro Copper Announces Changes to the Board of DirectorsNovember 1, 2023 | markets.businessinsider.comAnalysts Conflicted on These Materials Names: Ero Copper (ERO), Osisko Gold Royalties (OR) and SilverCrest Metals (SILV)December 10, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. October 31, 2023 | msn.comEro signs deal to earn into Vale’s Brazilian copper projectSeptember 7, 2023 | markets.businessinsider.comFirst Quantum Minerals (FQVLF) was upgraded to a Buy Rating at BMO CapitalAugust 14, 2023 | finance.yahoo.comAre Robust Financials Driving The Recent Rally In Ero Copper Corp.'s (TSE:ERO) Stock?August 9, 2023 | finance.yahoo.comZacks Industry Outlook Highlights Freeport-McMoRan, Ero Copper, Energy Fuels and CoeurAugust 4, 2023 | seekingalpha.comEro Copper Non-GAAP EPS of $0.24, revenue of $104.9M misses by $4.18MAugust 3, 2023 | finance.yahoo.comEro Copper Reports Second Quarter 2023 Operating and Financial ResultsAugust 3, 2023 | finance.yahoo.comEro Copper Corp. (ERO) Beats Q2 Earnings EstimatesJuly 31, 2023 | baystreet.caAI Ventures, Ambari, Cameco at 52-Week HighsJuly 6, 2023 | finance.yahoo.comEro Copper to Release Second Quarter 2023 Financial and Operating Results on August 3, 2023June 9, 2023 | msn.comCanada shares lower at close of trade; S&P/TSX Composite down 0.25%June 9, 2023 | markets.businessinsider.comBarclays Sticks to Their Hold Rating for Ero Copper (ERO)June 8, 2023 | ca.finance.yahoo.comStocks in play: Ero Copper CorpJune 7, 2023 | seekingalpha.comEro Copper: Strong Prospects But Shares May Become CheaperMay 24, 2023 | msn.comTSX, TX60, and JX Close Lower; Filo Mining Corp, Ivanhoe Electric Inc, and Ero Copper Corp Worst PerformersMay 12, 2023 | finance.yahoo.comEro Copper Files Technical Report for the Xavantina OperationsMay 11, 2023 | seekingalpha.comEro Copper Corp. 2023 Q1 - Results - Earnings Call PresentationMay 9, 2023 | msn.comEro Copper Non-GAAP EPS of $0.24, revenue of $101M misses by $0.16MMay 1, 2023 | finance.yahoo.comEro Copper (TSE:ERO) Is Looking To Continue Growing Its Returns On CapitalSee More Headlines Receive ERO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ero Copper and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/02/2023Today12/10/2023Fiscal Year End12/31/2023Next Earnings (Estimated)3/05/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Private households Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:ERO CUSIPN/A CIK1853860 Webwww.erocopper.com Phone(604) 449-9244Fax604-398-3767Employees2,864Year FoundedN/APrice Target and Rating Average Stock Price Target$24.00 High Stock Price Target$24.00 Low Stock Price Target$24.00 Potential Upside/Downside+77.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.85 Trailing P/E Ratio15.93 Forward P/E Ratio15.74 P/E GrowthN/ANet Income$101.83 million Net Margins18.33% Pretax Margin22.65% Return on Equity13.87% Return on Assets6.68% Debt Debt-to-Equity Ratio0.65 Current Ratio1.23 Quick Ratio0.94 Sales & Book Value Annual Sales$426.40 million Price / Sales3.25 Cash Flow$1.47 per share Price / Cash Flow9.18 Book Value$5.88 per share Price / Book2.30Miscellaneous Outstanding Shares102,450,000Free FloatN/AMarket Cap$1.39 billion OptionableNot Optionable Beta1.14 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. David Maxwell Strang (Age 55)CEO & Director Comp: $1.26MMr. Makko DeFilippoPresident & COOMr. Wayne DrierChief Financial OfficerMr. Michel RichardChief Geological OfficerMs. Courtney R. B. Lynn (Age 42)Senior Vice President of Corporate Development, Investor Relations & Sustainability Mr. Deepk HundalSenior VP, General Counsel & Corporate SecretaryMr. Eduardo de Come (Age 57)Chief Executive Officer of Ero Brazil Mr. Emilio SarnoVice President of Asset ManagementMore ExecutivesKey CompetitorsHawkinsNASDAQ:HWKNIngevityNYSE:NGVTOrionNYSE:OECSandstorm GoldNYSE:SANDGreen PlainsNASDAQ:GPREView All CompetitorsInstitutional OwnershipAmerican Century Companies Inc.Sold 396,526 shares on 11/30/2023Ownership: 1.538%Public Sector Pension Investment BoardBought 6,631 shares on 11/22/2023Ownership: 0.171%Sprott Inc.Sold 175,777 shares on 11/17/2023Ownership: 0.346%Impala Asset Management LLCBought 344,410 shares on 11/16/2023Ownership: 1.965%Legal & General Group PlcBought 1,459 shares on 11/15/2023Ownership: 0.066%View All Institutional Transactions ERO Stock Analysis - Frequently Asked Questions Should I buy or sell Ero Copper stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ero Copper in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ERO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ERO, but not buy additional shares or sell existing shares. View ERO analyst ratings or view top-rated stocks. What is Ero Copper's stock price target for 2024? 3 brokerages have issued 1 year price targets for Ero Copper's stock. Their ERO share price targets range from $24.00 to $24.00. On average, they predict the company's share price to reach $24.00 in the next twelve months. This suggests a possible upside of 77.3% from the stock's current price. View analysts price targets for ERO or view top-rated stocks among Wall Street analysts. How have ERO shares performed in 2023? Ero Copper's stock was trading at $13.75 at the beginning of the year. Since then, ERO shares have decreased by 1.5% and is now trading at $13.54. View the best growth stocks for 2023 here. Are investors shorting Ero Copper? Ero Copper saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 1,050,000 shares, a decrease of 53.1% from the October 31st total of 2,240,000 shares. Based on an average daily volume of 255,800 shares, the short-interest ratio is presently 4.1 days. Currently, 1.3% of the company's shares are short sold. View Ero Copper's Short Interest. When is Ero Copper's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 5th 2024. View our ERO earnings forecast. How were Ero Copper's earnings last quarter? Ero Copper Corp. (NYSE:ERO) released its earnings results on Thursday, November, 2nd. The company reported $0.18 EPS for the quarter, hitting analysts' consensus estimates of $0.18. The business had revenue of $105.20 million for the quarter, compared to analysts' expectations of $108 million. Ero Copper had a net margin of 18.33% and a trailing twelve-month return on equity of 13.87%. Who are Ero Copper's major shareholders? Ero Copper's stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (11.47%), Jennison Associates LLC (3.79%), 683 Capital Management LLC (2.68%), Impala Asset Management LLC (1.97%), Mirae Asset Global Investments Co. Ltd. (1.91%) and American Century Companies Inc. (1.54%). How do I buy shares of Ero Copper? Shares of ERO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:ERO) was last updated on 12/10/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ero Copper Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.